OFF MARKET

20/22 Canberra Avenue
Forrest ACT 2603

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
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Property Details for 20/22 Canberra Ave, Forrest

20/22 Canberra Ave, Forrest is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2019
Floor Size
64m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 14, Section 27, Unit 20

Last Listing description (April 2022)

Perfectly positioned halfway between Manuka and Parliament House, this split level one-bedroom apartment offers the best lifestyle possible in Canberra. You will be at the doorstep of some of Canberra's best eateries and bars which are located in Manuka such as Public and Urban Pantry, the Kingston Foreshore's The Dock, Morks and Molto, Lake Burley Griffin, the Parliamentary Triangle and a short commute to the CBD.

Stepping inside you will be immediately impressed by the natural light which floods both the living room and the bedroom as this property is located on the sunny side of the 'Dominion Residences'. The kitchen has ample cupboard space and top of the line appliances. The finishes at this property are as good as it gets.


The property is currently tenanted until 31st August 2022 for $550 per week, don't miss out on this fantastic investment opportunity.

Summary:

- Flooded with natural light through large double-glazed windows
- Microwave, washing machine, dryer and fridge are all included
- Ducted reverse cycle heating and cooling
- Secure building with intercom
- Premium lifestyle offering
- Walk to work in the Parliamentary Triangle
- 64m2 internally & 11m2 of balcony space

Figure summary (all approx.):

- Body corporate: $1006p.q
- General rates: $489p.q
- Water & sewerage: $170p.q
- Built in 2019

Property History for 20/22 Canberra Ave, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$570,000
18 Sep 2023
Listed for Rent
$550/w
18 Nov 2021
  • 18 Sep 2023
    Sold for $570,000
  • 12 Apr 2022
    Sold for $545,000
  • 16 Mar 2022
    Listed for Sale $525,000+
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About Forrest 2603

The size of Forrest is approximately 1.6 square kilometres. It has 7 parks covering nearly 10.1% of total area. The population of Forrest in 2011 was 1,468 people. By 2016 the population was 1,602 showing a population growth of 9.1% in the area during that time. The predominant age group in Forrest is 50-59 years. Households in Forrest are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Forrest work in a professional occupation. In 2011, 69.6% of the homes in Forrest were owner-occupied compared with 62.4% in 2016.

Forrest has 1,251 properties. Over the last 5 years, Houses in Forrest have seen a 14.98% increase in median value, while Units have seen a 14.28% increase. As at 31 October 2024:

  • The median value for Houses in Forrest is $2,683,994 while the median value for Units is $837,624.
  • Houses have a median rent of $723 while Units have a median rent of $620.
There are currently 15 properties listed for sale, and 5 properties listed for rent in Forrest on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Forrest.

Suburb Insights for Forrest 2603

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.